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March 5, 2014

Red Metal Shipments Down in January

Red metal shipments declined in January compared to the same month last year, reports the Copper and Brass Servicenter Association, Overland Park, Kan. However, shipments rose compared to December.

Service center shipments of copper products in January declined 3.0 percent to 10.9 million pounds, while alloy shipments dipped 6.4 percent to 11.9 million pounds. Altogether, red metal shipments of 22.9 million pounds were 4.8 percent behind the 2013 totals.

Among product categories, January’s biggest gain was seen in copper plate, which increased 10.3 percent over January 2013. Copper sheet was also up 2.8 percent.

Products showing declines in January compared to the same month the previous year included copper rod, down 7.7 percent; 200 series brass sheet, down 5.6 percent; and 300 series rod and bar, down 8.6 percent.

Compared to the previous month, copper shipments were up 21.7 percent and alloy shipments were up 34.7 percent. Total warehouse shipments improved 28.1 percent compared to December 2013, which had one fewer shipping day.


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Thursday, July 24, 2014